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Barry Ritholtz

Biden’s Bold Plan to Bring Competition Back

Brian Deese, director of the president’s new council on competition, discusses innovation, better outcomes and economic growth.

Brian Deese: “This is about being pro-competition.”

Brian Deese: “This is about being pro-competition.”

Photographer: Shawn Thew/EPA/Bloomberg

Brian Deese is director of the National Economic Council at the White House, essentially the chief economic adviser to President Joe Biden. Previously he was the global head of sustainable investing at BlackRock, and he was President Barack Obama’s senior adviser for climate and energy policy. Barry Ritholtz spoke to Deese for the Masters in Business podcast; below is an edited transcript of their discussion.

Barry Ritholtz: You are the 13th director of the National Economic Council. I think most people are more familiar with the Council of Economic Advisers. Tell us a little bit about this group, what it does and how it differs from the CEA.